Search Results for: LSE
Apple Becomes First $700 Billion US Company With Record Market Cap Close
February 11th, 2015
Apple Inc. has become the first U.S. company to close with a market cap of more than $700 billion, nearly doubling the market cap of its closest rival, Exxon Mobil. Apple’s share price closed nearly 2 points up at ...
Asia slips amid Greek exit worries, dollar flags
February 10th, 2015
Asian equities were lower across the board on Tuesday as nervousness over Greece potentially withdrawing from the euro and escalating conflict in Ukraine sapped risk appetite, while the dollar lost steam after its payrolls-inspired rally. Japan’s Nikkei slipped 0.8 ...
HSBC files show how Swiss bank helped clients dodge taxes and hide millions (Video)
February 9th, 2015
Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions. HSBC’s Swiss banking arm helped wealthy customers dodge taxes and conceal millions of dollars of ...
It Is About To Get Ugly: Oil Is Crashing And So Is Greece
February 5th, 2015
The price of oil collapsed by more than 8 percent on Wednesday, and a decision by the European Central Bank has Greece at the precipice of a complete and total financial meltdown. What a difference 24 hours can make. ...
SIX selects UnaVista as partner for its Swiss derivative trade repository solution
February 5th, 2015
In response to banks’ demand, SIX Securities Services Ltd is to establish a central trade repository for derivative transactions in Switzerland. The service from SIX will use the reporting technology of London Stock Exchange Group’s (LSEG) UnaVista platform. The solution ...
ICAP to fight €14.9m Brussels fine
February 5th, 2015
ICAP is to fight a €14.9m fine imposed on it by European antitrust authorities for aiding a cartel in the yen swaps markets as Brussels formally closed a portion of its long-running probe into rate manipulation. The UK interdealer broker ...
‘Currency war’ to be ‘lose-lose’ game: Strategist (video)
February 4th, 2015
With each fresh headline of a central bank cutting interest rates comes rising concerns over the global race to the bottom. As the U.S. contemplates coming off policies that suppressed the dollar’s value, its counterparts are heading in the ...
Dark-Pool Trade Size Doubles in Europe as Venues Hunt Blocks
February 4th, 2015
Even before new regulations revamp trading in 2017, Europe’s private stock markets are already returning to their original purpose: handling big trades. The average size of trades on European dark pools doubled to 11,403 euros ($13,050) in December from ...
Alstom Gets Break on Fine
February 2nd, 2015
Court Granted Delay in $772 Million Payment Because of Possible Business Impact When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom SA in December, there was a hitch: The French engineering company couldn’t pay ...
Google’s ad revenue continues to struggle
January 30th, 2015
Google remains obsessed with doing everything — from developing phones to making self-driving cars to building high-speed Internet cables — but it’s still struggling with one of the most basic ways it makes money: online advertising. The company’s earnings ...
